C2C Advanced Systems Limited
Nov 22, 2024 - Nov 26, 2024
C2C Advanced Systems Limited IPO Details
SME
Status
listed
Issue Price
₹214.00 - ₹226.00
Lot Size
600 Shares
Subscription
2 times
Listing Price
₹429.4 (90%)
Face Value
₹10 Per share
Issue Size
Approx ₹99.07 Cr
Fresh Issue
Approx ₹99.07 Cr
Total Shares Offered
-
Retail Quota
35%
QIB Quota
50%
HNI Quota
15%
Retail Approx
-
S-HNI Approx
-
B-HNI Approx
-
Issue Type
Book Built Issue IPO
Listing On
NSE SME
Registrar
Link Intime India Private Ltd
NSE Code
C2C
IPO Tentative Timetable
Open Date
Fri Nov 22 2024
Close Date
Tue Nov 26 2024
Allotment Date
Fri Nov 29 2024
Refunds Initiation
Mon Dec 02 2024
Demat Transfer
Mon Dec 02 2024
Listing Date
Tue Dec 03 2024
Valuation
Earning Per Share (EPS)
₹15.85
Price/Earning P/E Ratio
N/A
Return on Net Worth (RoNW)
16.21%
Net Asset Value (NAV)
₹62.37
Promoters
Pre issue Share Holding
56.52%
Post issue Share Holding
-
Company Promoters
- C2C Innovations Private Limited
- PVR Multimedia Private Limited
- Lakshmi Chandra
- Maya Chandra
- Subrahmanya Srinivasa Narendra Lanka
- Kuriyedath Ramesh
- Murtaza Ali Soomar
Lead Managers
Mark Corporate Advisors Private Limited
Beeline Capital Advisors Pvt Ltd
Live Subscription
| Date | QIB | NII* | Retail | Total |
|---|---|---|---|---|
| Nov 22, 2024 | 0.53 | 26.68 | 42.64 | 27.19 |
| Nov 25, 2024 | 6.00 | 123.45 | 159.70 | 108.02 |
| Nov 26, 2024 | 31.61 | 233.13 | 132.73 | 125.35 |
Lot Size
| Application | Lots | Shares | Amount |
|---|---|---|---|
| Retail (Min) | 1 | 600 | ₹135,600 |
| Retail (Max) | 1 | 600 | ₹135,600 |
| HNI (Min) | 2 | 1,200 | ₹271,200 |
Key Performance Indicator
| KPI | Values |
|---|---|
| Debt/Equity | 0.15 |
| RoNW | 11.29% |
| P/BV | 3.62 |
| PAT Margin (%) | 22.51 |
IPO Reservation
| Investor Category | Shares Offered |
|---|---|
| Anchor Investor Shares Offered | 12,49,200 (28.5%) |
| Market Maker Shares Offered | 2,19,600 (5.01%) |
| QIB Shares Offered | 8,32,800 (19%) |
| NII (HNI) Shares Offered | 6,24,600 (14.25%) |
| Retail Shares Offered | 14,57,400 (33.25%) |
| Total Shares Offered | 43,83,600 (100%) |
Company Financial
| Period Ended | 30 Sep 2024 | 31 Mar 2024 | 31 Mar 2023 | 31 Mar 2022 |
|---|---|---|---|---|
| Assets | 11,058.01 | 8,583.51 | 1,849.78 | 903.18 |
| Revenue | 4,324.97 | 4,129.82 | 806.73 | 34.79 |
| Profit After Tax | 972.99 | 1,227.69 | 287.52 | -238.21 |
| Net Worth | 8,618.72 | 7,645.73 | 252.14 | -136.57 |
| Reserves and Surplus | - | 6,864.52 | 96.69 | - |
| Total Borrowing | 1,329.02 | - | 944.74 | 554.77 |
About Company
C2C Advanced Systems Limited, previously known as C2C – DB Systems Private Limited, was established in 2018. The company is a specialized provider of defense electronics solutions, focusing on developing indigenous products for India’s defense sector. Its core capabilities include C4I (Command, Control, Communications, Computers, and Intelligence) systems for situational awareness and decision support, AI and ML-driven big data analytics, real-time enterprise integration of IIOT data, and embedded/FPGA designs.
C2C’s digital transformation services are structured around four main offerings:
1. Virtual Supply Chain: Software development powered by continuous, real-time sensor data to create actionable insights.
2. Virtual Logistics: Delivery of solutions using commercial off-the-shelf (COTS) electronic boards integrated within engineered enclosures, designed to withstand extreme environmental conditions.
3. Virtual Maintenance: Integrated subsystems that enable defense leadership to make informed decisions based on real-time situational awareness data.
4. AI/ML Applications: Advanced AI and ML technologies applied across offerings as well as in independent product development and engineering.
The company's product line includes Combat Management Systems, C4I Systems, Anti-Drone Command and Control Systems, Air Defense Subsystems, Integrated Platform Management Systems, and Integrated Vessel Management Systems.
Competitive Strengths:
- Extensive range of defense-focused products and solutions
- Strong research and development capabilities centered on innovation
- Positioned to leverage the Indian government’s “Atmanirbhar Bharat” and "Make in India" initiatives
- Solid relationships with a diverse, international customer base
- Experienced leadership team
As of October 30, 2024, C2C Advanced Systems Limited employed 190 people.
C2C’s digital transformation services are structured around four main offerings:
1. Virtual Supply Chain: Software development powered by continuous, real-time sensor data to create actionable insights.
2. Virtual Logistics: Delivery of solutions using commercial off-the-shelf (COTS) electronic boards integrated within engineered enclosures, designed to withstand extreme environmental conditions.
3. Virtual Maintenance: Integrated subsystems that enable defense leadership to make informed decisions based on real-time situational awareness data.
4. AI/ML Applications: Advanced AI and ML technologies applied across offerings as well as in independent product development and engineering.
The company's product line includes Combat Management Systems, C4I Systems, Anti-Drone Command and Control Systems, Air Defense Subsystems, Integrated Platform Management Systems, and Integrated Vessel Management Systems.
Competitive Strengths:
- Extensive range of defense-focused products and solutions
- Strong research and development capabilities centered on innovation
- Positioned to leverage the Indian government’s “Atmanirbhar Bharat” and "Make in India" initiatives
- Solid relationships with a diverse, international customer base
- Experienced leadership team
As of October 30, 2024, C2C Advanced Systems Limited employed 190 people.
Company Contact
c2c advanced systems limited no.86, wings of eagles, ss commercial estate, varthur road, nagavarapalya main road, c v raman nagar, bengaluru � 560093
Phone: +91 80 4372 4052
Email: compliance@c2c-as.com
Website: http://www.c2c-as.com/
Registrar Contact
link intime india private ltd
Phone: +91-22-4918 6270
Email: c2csme.ipo@linkintime.co.in
Website: https://linkintime.co.in/initial_offer/public-issues.html